Texas Oil & Gas Bankruptcies filed in Texas 2016

Written by John McFarland of the Oil and Gas Lawyer Blog.

Here is a list of bankruptcy cases filed in Texas federal bankruptcy courts this year, from the Houston Business Journal, compiled by Haynes & Boone:

Energy bankruptcies filed in Texas courts in 2016 by month

 

Company (Texas court filed); debt

 

January

 

Aurora Operating LLC (Southern); $2.35 million

 

MOG Producing LP (Southern); $4.29 million

 

Antero Energy Partners LLC (Northern); $25.45 million

 

February

 

Emkey Resources LLC (Northern); $22.35 million

 

Ginger Oil Co. (Southern); $6.47 million

 

Argent Energy U.S. Holdings Inc. (Southern); $51.9 million

 

Primrose La Sara LLC (Southern); $4.3 million

 

DRM Sales & Supply LLC (Western); $19.18 million

 

March

 

GreenHunter Resources Inc. (Northern); $23.7 million

 

Universal Well Service Holdings Inc. (Northern); $25.15 million

 

Wellhead Distributors International (Southern); $31.7 million

 

RMR Operating LLC (Northern); $3.5 million

 

ESP Petrochemicals Inc. (Southern); $7.4 million

 

Wellflex Energy Solutions LLC (Northern); $3.9 million

 

DJ Oilfield Sevices LLC (Northern); $3.01 million

 

East African Drilling Ltd. (Southern); $45.35 million

 

Crossfire Manufacturing LLC (Northern); $653,600

 

7711 Operating Company LLC (Northern); $532,500

 

April

 

ATK Oilfield Transportation Inc. (Western); $34.9 million

 

Sanjel Inc. (Western); $1.1 billion

 

Bluff Creek Production LLC (Western); $7.09 million

 

Hydrocarb Energy Corp. (Southern); $12.5 million

 

Aztec Oil & Gas Inc. (Southern); $1.5 million

 

Energy XXI Ltd. (Southern); $2.75 billion

 

DiamoNorthern District Tank Rental Inc. (Northern); $8.92 million

 

Goodrich Petroleum Corp. (Southern); $444.2 million

 

FPUSA LLC (Eastern); $2.3 million

 

Paladin Energy Corp. (Northern); $23.48 million

 

Trinity River Resources LP (Western); $133.8 million

 

West Texas Poly Pump LLC (Western); $3.7 million

 

Ultra Petroleum Corp. (Southern); $3.9 billion

 

Midstates Petroleum Company Inc. (Southern); $2.045 billion

 

May

 

Linn Energy LLC (Southern); $5.962 billion

Berry Petroleum Company LLC (Southern); $1.733 billion

 

J P S Completion Fluids Inc. (Western); $4.49 million

 

SandRidge Energy Inc. (Southern); $4.19 billion

 

Hawk Oilfield Service Inc. (Southern); $1.2 million

 

Tall City Well Service LP (Western); $14.4 million

 

Ricochet Energy Inc. (Western); $11.35 million

 

Armada Water Assets Inc./Wes-Tex Vacuum Service Inc. (Southern); $24.9 million

 

Mark A. Martinez LLC (Southern); $0

 

Linc USA GP (Southern); $414.35 million

 

June

 

Warren Resources Inc. (Southern); $486.3 million

 

Note: Includes Chapter 7, Chapter 11, Chapter 15 a

bankruptcies